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Archive for September, 2007

US Mortgage Default Rate Stabilizing accoridng to HUD

Monday, September 24th, 2007

According to U.S. Housing and Urban Development Assistant Secretary Darlene Williams, the rate at which US mortgages are defaulting is stabilizing. (more…)

How to Retire with a Mortgage

Monday, September 24th, 2007

You want to retire but your high mortgage payment making it impossible? The Tampa Tribune offers up some great advice on how to retire with a mortgage. (more…)

Raising Fannie Mae and Freddie Mac loan limits

Friday, September 21st, 2007

There’s a lot of talk about raising Fannie Mae and Freddie Mac loan limits being discussed by congress these days. (more…)

IDX Realty to auction $100 million in properties

Friday, September 21st, 2007

Orlando based IDX Realty will auction an estimated $100 million worth of real estate early next month in one of the largest real estate auctions during this declining market. (more…)

Fort Lauderdale Builder cutting 200 jobs

Friday, September 21st, 2007

Fort Lauderdale based home builder, Levitt Corp announced plans to lay off up to 200 of its 573 employees. (more…)

Court ruling stops fraudulent real estate investor

Friday, September 21st, 2007

Todd Teal, a real estate investor, accused of preventing more than 200 properties from being sold to anyone but him by encumbering their title is now banned from using such practices in Florida. (more…)

Lock in your fixed rates now

Thursday, September 20th, 2007

With all the bad mortgage and housing market news, FloridaHomeLoan.com would like to offer you some positive mortgage advice. (more…)

Home Builder Confidence Declines

Thursday, September 20th, 2007

Nationwide, home builder confidence has dropped to a record low, tying the index from January, 1991. (more…)

South Florida Housing Costs Rise

Thursday, September 20th, 2007

South Florida housing costs have increased 8.4% in July and August, the highest annual increase in 25 years according to the Bureau of Labor Statistics. (more…)

Greenspan had no notion of subprime mortgage significane

Thursday, September 20th, 2007

Former Federal Reserve Chairman, Alan Greenspan, acknowledged in a recent interview that he was unaware of the impact subprime lending practices would cause. (more…)